PT Indomobil Sukses Internasional Tbk Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017
July 30, 2017 at 08:27 pm EDT
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PT Indomobil Sukses Internasional Tbk announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported net revenues of IDR 7,498,099,589,841 against IDR 8,001,113,854,630 in the same period of last year. Operating income was IDR 380,092,585,050 against IDR 295,890,881,789 in the same period of last year. Loss before income tax expense was IDR 245,514,538,350 against IDR 76,678,815,291 in the same period of last year. Net loss attributable to equity holders of the parent company was IDR 340,333,031,896 or IDR 123.07 basic per basic share against IDR 93,141,054,043 or IDR 33.68 basic per share in the same period of last year. Net cash used in operating activities was IDR 983,469,626,661 against net cash flow provided by operating activities of IDR 9,643,780,886 in the same period of last year. Acquisition of fixed assets was IDR 624,844,151,489 against IDR 358,372,083,901 in the same period of last year.
PT Indomobil Sukses Internasional Tbk is an Indonesia-based company, which is engaged in the automotive industry. The Company's business segments include Automobiles, Spare Parts, Financial Services, Car Rental and logistics, Services, Fuels and Lubricants, Contractor Services, Manufacturing and Others. The main business fields of the Company and its subsidiaries include brand licensees, vehicle sales distribution, after-sales services, motor vehicle financing services, spare parts distributors, motor vehicle assembly, automotive component manufacturing, and other supporting business groups. The Company and its subsidiaries are engaged in assembling and distribution of automobiles, buses, trucks, and heavy equipment, which, include the brand names of Suzuki, Nissan, Datsun, Volvo, Volkswagen (VW), SsangYong, AUDI, KIA, Hino, Renault, Manitou, GEHL, Kalmar, Mantsinen, John Deere, Foton, Great Wall, SDLG, HIAB, TEL Equipment and Bandit and/or motorcycles and their related components.